Selected research
Industry Growth & Trends
Global NB-IoT Modules Industry Growth and Trends Forecast to 2032
Market perspective
The global NB-IoT Modules market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The North America market for NB-IoT Modules is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.
The Europe market for NB-IoT Modules is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for NB-IoT Modules is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of NB-IoT Modules include Quectel, Ztewelink, Ublox, Lierda, Neoway, MobileTek, Simcom, LONGSUNG and China Mobile, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report provides a structured, data-driven view of the global NB-IoT Modules market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The NB-IoT Modules market size, estimates, and forecasts are presented in terms of sales volume (k units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global NB-IoT Modules market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to NB-IoT Modules.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global NB-IoT Modules market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
NB-IoT Modules Market by Company
Quectel
Ztewelink
Ublox
Lierda
Neoway
MobileTek
Simcom
LONGSUNG
China Mobile
Lenovo
Fibocom
Telit
MEIG
Cheerzing
Sierra Wireless
Gemalto
NB-IoT Modules Segment by Type
900MHz Band
800MHz Band
NB-IoT Modules Segment by Application
Utilities
Smart City
Consumer Electronics
Logistics Transportation
Agriculture and Environment
NB-IoT Modules Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global NB-IoT Modules market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of NB-IoT Modules and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of NB-IoT Modules.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of NB-IoT Modules manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of NB-IoT Modules in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- 900MHz Band
- 800MHz Band
Applications
- Utilities
- Smart City
- Consumer Electronics
- Logistics Transportation
- Agriculture and Environment
Companies covered
- Quectel
- Ztewelink
- Ublox
- Lierda
- Neoway
- MobileTek
- Simcom
- LONGSUNG
- China Mobile
- Lenovo
- Fibocom
- Telit
- MEIG
- Cheerzing
- Sierra Wireless
- Gemalto
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global NB-IoT Modules Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global NB-IoT Modules Sales Estimates and Forecasts (2021-2032)
- 1.3 NB-IoT Modules Market by Type
- 1.3.1 900MHz Band
- 1.3.2 800MHz Band
- 1.4 Global NB-IoT Modules Market Size by Type
- 1.4.1 Global NB-IoT Modules Market Size Overview by Type (2021-2032)
- 1.4.2 Global NB-IoT Modules Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global NB-IoT Modules Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America NB-IoT Modules Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe NB-IoT Modules Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific NB-IoT Modules Sales Breakdown by Type (2021-2026)
- 1.5.4 South America NB-IoT Modules Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa NB-IoT Modules Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 NB-IoT Modules Industry Trends
- 2.2 NB-IoT Modules Industry Drivers
- 2.3 NB-IoT Modules Industry Opportunities and Challenges
- 2.4 NB-IoT Modules Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by NB-IoT Modules Revenue (2021-2026)
- 3.2 Global Top Players by NB-IoT Modules Sales (2021-2026)
- 3.3 Global Top Players by NB-IoT Modules Price (2021-2026)
- 3.4 Global NB-IoT Modules Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global NB-IoT Modules Major Company Production Sites & Headquarters
- 3.6 Global NB-IoT Modules Company, Product Type & Application
- 3.7 Global NB-IoT Modules Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global NB-IoT Modules Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 NB-IoT Modules Players Market Share by Revenue in 2025
- 3.8.3 2025 NB-IoT Modules Tier 1, Tier 2, and Tier 3
4 NB-IoT Modules Regional Status and Outlook
- 4.1 Global NB-IoT Modules Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global NB-IoT Modules Historic Market Size by Region
- 4.2.1 Global NB-IoT Modules Sales in Volume by Region (2021-2026)
- 4.2.2 Global NB-IoT Modules Sales in Value by Region (2021-2026)
- 4.2.3 Global NB-IoT Modules Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global NB-IoT Modules Forecasted Market Size by Region
- 4.3.1 Global NB-IoT Modules Sales in Volume by Region (2027-2032)
- 4.3.2 Global NB-IoT Modules Sales in Value by Region (2027-2032)
- 4.3.3 Global NB-IoT Modules Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 NB-IoT Modules by Application
- 5.1 NB-IoT Modules Market by Application
- 5.1.1 Utilities
- 5.1.2 Smart City
- 5.1.3 Consumer Electronics
- 5.1.4 Logistics Transportation
- 5.1.5 Agriculture and Environment
- 5.2 Global NB-IoT Modules Market Size by Application
- 5.2.1 Global NB-IoT Modules Market Size Overview by Application (2021-2032)
- 5.2.2 Global NB-IoT Modules Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global NB-IoT Modules Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America NB-IoT Modules Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe NB-IoT Modules Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific NB-IoT Modules Sales Breakdown by Application (2021-2026)
- 5.3.4 South America NB-IoT Modules Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa NB-IoT Modules Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Quectel
- 6.1.1 Quectel Company Information
- 6.1.2 Quectel Business Overview
- 6.1.3 Quectel NB-IoT Modules Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Quectel NB-IoT Modules Product Portfolio
- 6.1.5 Quectel Recent Developments
- 6.2 Ztewelink
- 6.2.1 Ztewelink Company Information
- 6.2.2 Ztewelink Business Overview
- 6.2.3 Ztewelink NB-IoT Modules Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Ztewelink NB-IoT Modules Product Portfolio
- 6.2.5 Ztewelink Recent Developments
- 6.3 Ublox
- 6.3.1 Ublox Company Information
- 6.3.2 Ublox Business Overview
- 6.3.3 Ublox NB-IoT Modules Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Ublox NB-IoT Modules Product Portfolio
- 6.3.5 Ublox Recent Developments
- 6.4 Lierda
- 6.4.1 Lierda Company Information
- 6.4.2 Lierda Business Overview
- 6.4.3 Lierda NB-IoT Modules Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Lierda NB-IoT Modules Product Portfolio
- 6.4.5 Lierda Recent Developments
- 6.5 Neoway
- 6.5.1 Neoway Company Information
- 6.5.2 Neoway Business Overview
- 6.5.3 Neoway NB-IoT Modules Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Neoway NB-IoT Modules Product Portfolio
- 6.5.5 Neoway Recent Developments
- 6.6 MobileTek
- 6.6.1 MobileTek Company Information
- 6.6.2 MobileTek Business Overview
- 6.6.3 MobileTek NB-IoT Modules Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 MobileTek NB-IoT Modules Product Portfolio
- 6.6.5 MobileTek Recent Developments
- 6.7 Simcom
- 6.7.1 Simcom Company Information
- 6.7.2 Simcom Business Overview
- 6.7.3 Simcom NB-IoT Modules Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Simcom NB-IoT Modules Product Portfolio
- 6.7.5 Simcom Recent Developments
- 6.8 LONGSUNG
- 6.8.1 LONGSUNG Company Information
- 6.8.2 LONGSUNG Business Overview
- 6.8.3 LONGSUNG NB-IoT Modules Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 LONGSUNG NB-IoT Modules Product Portfolio
- 6.8.5 LONGSUNG Recent Developments
- 6.9 China Mobile
- 6.9.1 China Mobile Company Information
- 6.9.2 China Mobile Business Overview
- 6.9.3 China Mobile NB-IoT Modules Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 China Mobile NB-IoT Modules Product Portfolio
- 6.9.5 China Mobile Recent Developments
- 6.10 Lenovo
- 6.10.1 Lenovo Company Information
- 6.10.2 Lenovo Business Overview
- 6.10.3 Lenovo NB-IoT Modules Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 Lenovo NB-IoT Modules Product Portfolio
- 6.10.5 Lenovo Recent Developments
- 6.11 Fibocom
- 6.11.1 Fibocom Company Information
- 6.11.2 Fibocom Business Overview
- 6.11.3 Fibocom NB-IoT Modules Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 Fibocom NB-IoT Modules Product Portfolio
- 6.11.5 Fibocom Recent Developments
- 6.12 Telit
- 6.12.1 Telit Company Information
- 6.12.2 Telit Business Overview
- 6.12.3 Telit NB-IoT Modules Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 Telit NB-IoT Modules Product Portfolio
- 6.12.5 Telit Recent Developments
- 6.13 MEIG
- 6.13.1 MEIG Company Information
- 6.13.2 MEIG Business Overview
- 6.13.3 MEIG NB-IoT Modules Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 MEIG NB-IoT Modules Product Portfolio
- 6.13.5 MEIG Recent Developments
- 6.14 Cheerzing
- 6.14.1 Cheerzing Company Information
- 6.14.2 Cheerzing Business Overview
- 6.14.3 Cheerzing NB-IoT Modules Sales, Revenue and Gross Margin (2021-2026)
- 6.14.4 Cheerzing NB-IoT Modules Product Portfolio
- 6.14.5 Cheerzing Recent Developments
- 6.15 Sierra Wireless
- 6.15.1 Sierra Wireless Company Information
- 6.15.2 Sierra Wireless Business Overview
- 6.15.3 Sierra Wireless NB-IoT Modules Sales, Revenue and Gross Margin (2021-2026)
- 6.15.4 Sierra Wireless NB-IoT Modules Product Portfolio
- 6.15.5 Sierra Wireless Recent Developments
- 6.16 Gemalto
- 6.16.1 Gemalto Company Information
- 6.16.2 Gemalto Business Overview
- 6.16.3 Gemalto NB-IoT Modules Sales, Revenue and Gross Margin (2021-2026)
- 6.16.4 Gemalto NB-IoT Modules Product Portfolio
- 6.16.5 Gemalto Recent Developments
7 North America by Country
- 7.1 North America NB-IoT Modules Sales by Country
- 7.1.1 North America NB-IoT Modules Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America NB-IoT Modules Sales by Country (2021-2026)
- 7.1.3 North America NB-IoT Modules Sales Forecast by Country (2027-2032)
- 7.2 North America NB-IoT Modules Market Size by Country
- 7.2.1 North America NB-IoT Modules Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America NB-IoT Modules Market Size by Country (2021-2026)
- 7.2.3 North America NB-IoT Modules Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe NB-IoT Modules Sales by Country
- 8.1.1 Europe NB-IoT Modules Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe NB-IoT Modules Sales by Country (2021-2026)
- 8.1.3 Europe NB-IoT Modules Sales Forecast by Country (2027-2032)
- 8.2 Europe NB-IoT Modules Market Size by Country
- 8.2.1 Europe NB-IoT Modules Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe NB-IoT Modules Market Size by Country (2021-2026)
- 8.2.3 Europe NB-IoT Modules Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific NB-IoT Modules Sales by Country
- 9.1.1 Asia-Pacific NB-IoT Modules Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific NB-IoT Modules Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific NB-IoT Modules Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific NB-IoT Modules Market Size by Country
- 9.2.1 Asia-Pacific NB-IoT Modules Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific NB-IoT Modules Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific NB-IoT Modules Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America NB-IoT Modules Sales by Country
- 10.1.1 South America NB-IoT Modules Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America NB-IoT Modules Sales by Country (2021-2026)
- 10.1.3 South America NB-IoT Modules Sales Forecast by Country (2027-2032)
- 10.2 South America NB-IoT Modules Market Size by Country
- 10.2.1 South America NB-IoT Modules Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America NB-IoT Modules Market Size by Country (2021-2026)
- 10.2.3 South America NB-IoT Modules Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa NB-IoT Modules Sales by Country
- 11.1.1 Middle East and Africa NB-IoT Modules Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa NB-IoT Modules Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa NB-IoT Modules Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa NB-IoT Modules Market Size by Country
- 11.2.1 Middle East and Africa NB-IoT Modules Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa NB-IoT Modules Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa NB-IoT Modules Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 NB-IoT Modules Value Chain Analysis
- 12.1.1 NB-IoT Modules Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 NB-IoT Modules Production Mode & Process
- 12.2 NB-IoT Modules Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 NB-IoT Modules Distributors
- 12.2.3 NB-IoT Modules Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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